Loan Originator Jobs in Rio Rancho, NM

A Loan Originator, also known as a mortgage loan officer, plays an essential role in the banking industry. Their primary role is to solicit new business and originate new loan applications for the bank or lending institution. They work with individuals or businesses seeking loans, clarify the different types of loans and terms the bank offers, and gather personal and financial data to complete loan applications. They also analyze and verify the loan applications to determine the borrower's creditworthiness and ability to repay the loan. They then forward the completed applications to the underwriting department for approval.

Loan originators must have excellent communication and customer service skills, as they are the first point of contact for customers seeking loans. They need strong analytical skills to accurately evaluate financial information and make informed decisions. Loan originators should also be familiar with industry regulations and lending programs. Some important certifications for a loan originator include Mortgage Loan Originator (MLO) license, which requires passing the National Mortgage Licensing System (NMLS) exam. Before becoming a loan originator, one might have roles such as a loan processor, a bank teller, or a sales representative in a financial institution.

1-10 of 10 Jobs

Business Loan Broker, Albuquerque

  • Albuquerque, NM (14 miles from Rio Rancho, NM)
  • 1 day ago
  • Albuquerque, NM (14 miles from Rio Rancho, NM)
  • 1 day ago

Through our extensive network of trusted lenders, we help businesses secure the financing they need to grow and succeed....

Small Business Lending Consultant

  • Albuquerque, NM (14 miles from Rio Rancho, NM)
  • 6 days ago
  • Albuquerque, NM (14 miles from Rio Rancho, NM)
  • 6 days ago

Help Small Businesses Thrive: Connect small businesses with financing from a network of over 100+ lenders....

Remote Work

Financial Services Representative (Part-Time)

  • Albuquerque, NM (14 miles from Rio Rancho, NM)
  • 10 days ago
  • Albuquerque, NM (14 miles from Rio Rancho, NM)
  • 10 days ago

This position is expected to utilize sound lending skills, maximize potential profits, and follow policies for effective collection of accounts....

SBA Loan Officer

  • Albuquerque, NM (14 miles from Rio Rancho, NM)
  • 12 days ago
  • Albuquerque, NM (14 miles from Rio Rancho, NM)
  • 12 days ago

Must have good understanding and working knowledge of commercial lending terminology, loan processing, loan documentation and lending procedures....

Consumer Loan Service Specialist 1

  • Albuquerque, NM (14 miles from Rio Rancho, NM)
  • 14 days ago
  • Albuquerque, NM (14 miles from Rio Rancho, NM)
  • 14 days ago

Consumer Loan Service Specialist 1 Albuquerque, NM Loan Services Job Type Full-time Description Performs loan support in accordance with policies and established procedures while meeting all...

Mortgage Inside Sales Loan Officer

  • Albuquerque, NM (14 miles from Rio Rancho, NM)
  • 14 days ago
  • Albuquerque, NM (14 miles from Rio Rancho, NM)
  • 14 days ago

Current registration with the Nationwide Mortgage Licensing System (NMLS) or ability to become registered upon employment Education and Experience: Minimum one years' experience in loan origination...

Loan Specialist

  • Albuquerque, NM (14 miles from Rio Rancho, NM)
  • 18 days ago
  • Albuquerque, NM (14 miles from Rio Rancho, NM)
  • 18 days ago

Take your career to the next level! In the last few years our goal has been expansion, creating growth opportunities for many of our team members. Not only are we serious about growth, but we are...

Loan Sales Specialist

  • Rio Rancho, NM
  • 20 days ago
  • Rio Rancho, NM
  • 20 days ago

process and life cycle, presenting tailored solutions based on customer needs Manage the life cycle of loans, including collections activities while maintaining compliance with all relevant laws and...

Call Center Lending Specialist

  • Albuquerque, NM (14 miles from Rio Rancho, NM)
  • 60+ days ago
  • Albuquerque, NM (14 miles from Rio Rancho, NM)
  • 60+ days ago

Nusenda Credit Union is currently seeking a Call Center Lender....

Mortgage Banker

  • Albuquerque, NM (14 miles from Rio Rancho, NM)
  • 90+ days ago
  • Albuquerque, NM (14 miles from Rio Rancho, NM)
  • 90+ days ago

Education & Experience Requirements This level of knowledge is normally acquired through completion of an Associates Degree and 2-3 years related mortgage lending experience....

Demographic Data for Rio Rancho, NM

Moving to Rio Rancho, NM? Find some basic demographic data about Rio Rancho, NM below.


Local
National
106,114
1,236
Medium/Lg

Loan Originator Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Originator and Biosimilar Biologics: For Patients and Healthcare Providers
The Originator and Biosimilar Biologics: For Patients and Health Care Providers Professional Certificate aims to provide health care professionals and patients with advanced knowledge and skills...
Foundations of Originator and Biosimilar Biologics: for Patients and Caregivers
Developed by leading researchers and clinicians from across Canada, this course will enhance knowledge and skills for patients who are using, or beginning to use, an originator or biosimilar...
Mortgage Loan Processor and Originator HELOC Mastery
Mortgage Loan Processor and Originator HELOC Mastery: "Unlocking the secrets of Home Equity Lines of Credit (HELOCs)" with our comprehensive and engaging course designed for loan originators and...

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Salary for Loan Originator Jobs in Rio Rancho, NM

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireBanking research efforts.

Highest Education Level

Loan Originators in Rio Rancho, NM offer the following education background
Bachelor's Degree
38.0%
High School or GED
20.7%
Master's Degree
13.8%
Associate's Degree
13.2%
Vocational Degree or Certification
10.6%
Some College
2.1%
Doctorate Degree
1.2%
Some High School
0.6%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Loan Originators in Rio Rancho, NM
4-6 years
40.5%
2-4 years
30.9%
Less than 1 year
14.0%
10+ years
6.3%
1-2 years
6.1%
6-8 years
2.2%



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